Civic Intelligence

Dalhart Education Foundation Inc.

990 • Fiscal year 2024 • EIN 20-8087740

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 15, 2025

302 Denrock AveDalhart, TX 79022

(806) 249-4526

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.94x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

1st percentile

-403%

Higher net margin than 1% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

25th percentile

-2.6%

Faster asset growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,054,774

Down $422,501 (-6.5%) from 2022

Net Assets

Down

$6,005,451

Down $447,200 (-6.9%) from 2022

Liabilities

Up

$49,323

Up $24,699 (+100%) from 2022

Revenue

Up

$52,197

Up $7,316 (+16%) from 2022

Expenses

Down

$262,371

Down $21,637 (-7.6%) from 2022

Net Income

Up

-$210,174

Up $28,953 (+12%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $356,783Liabilities 2010: $7,000Net Assets 2010: $349,7832010Assets 2011: $265,201Liabilities 2011: $6,130Net Assets 2011: $259,0712011Assets 2012: $262,495Liabilities 2012: $5,630Net Assets 2012: $256,8652012Assets 2013: $60,826Liabilities 2013: $11,5182013Assets 2014: $63,990Liabilities 2014: $39,6292014Assets 2015: $52,716Liabilities 2015: $38,631Net Assets 2015: $14,0852015Assets 2016: $1,364,194Liabilities 2016: $37,131Net Assets 2016: $1,327,0632016Assets 2017: $2,939,561Liabilities 2017: $24,461Net Assets 2017: $2,915,1002017Assets 2018: $6,443,856Liabilities 2018: $37,572Net Assets 2018: $6,406,2842018Assets 2019: $6,970,225Liabilities 2019: $34,668Net Assets 2019: $6,935,5572019Assets 2020: $6,816,891Liabilities 2020: $17,471Net Assets 2020: $6,799,4202020Assets 2021: $6,772,793Liabilities 2021: $14,071Net Assets 2021: $6,758,7222021Assets 2022: $6,477,275Liabilities 2022: $24,624Net Assets 2022: $6,452,6512022Assets 2024: $6,054,774Liabilities 2024: $49,323Net Assets 2024: $6,005,4512024

Highlighted filing

2024

Assets$6,054,774
Liabilities$49,323
Net Assets$6,005,451

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2010: $173,314Expenses 2010: $126,236Net Income 2010: $47,0782010Revenue 2011: $80,879Expenses 2011: $171,591Net Income 2011: -$90,7122011Revenue 2012: $31,482Expenses 2012: $56,490Net Income 2012: -$25,0082012Revenue 2013: $68,698Expenses 2013: $63,183Net Income 2013: $5,5152013Revenue 2014: $43,791Expenses 2014: $68,738Net Income 2014: -$24,9472014Revenue 2015: $39,487Expenses 2015: $49,763Net Income 2015: -$10,2762015Revenue 2016: $1,368,640Expenses 2016: $55,662Net Income 2016: $1,312,9782016Revenue 2017: $1,633,641Expenses 2017: $45,604Net Income 2017: $1,588,0372017Revenue 2018: $3,824,731Expenses 2018: $333,547Net Income 2018: $3,491,1842018Revenue 2019: $694,966Expenses 2019: $165,693Net Income 2019: $529,2732019Revenue 2020: $129,542Expenses 2020: $265,679Net Income 2020: -$136,1372020Revenue 2021: $244,662Expenses 2021: $285,360Net Income 2021: -$40,6982021Revenue 2022: $44,881Expenses 2022: $284,008Net Income 2022: -$239,1272022Revenue 2024: $52,197Expenses 2024: $262,371Net Income 2024: -$210,1742024

Highlighted filing

2024

Revenue$52,197
Expenses$262,371
Net Income-$210,174
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$52,197
Mission and Program Overview

Mission

To receive and disburse funds, property, and gifts of any kind exclusively to benefit educational objectives in the dalhart, texas area and to provide educational opportunities to schools and the community that are not included in the normal educational process.

To receive and disburse funds, property, and gifts of any kind exclusively to benefit educational objectives in the dalhart, texas area; including providing educational opportunities to local schools and the community that are not included in the normal educational process as well as scholarships for local residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,215,625$6,005,451▼ $210,174
Land, Buildings, and Equipment, Net$5,720,528$5,515,306▼ $205,222
Cash and Non-Interest-Bearing Accounts$495,097$539,468▲ $44,371
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,215,625$6,054,774▼ $160,851
Liabilities
Grants Payable-$49,323-
Total Liabilities$0$49,323▲ $49,323
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,215,625$6,005,451▼ $210,174
Total Liabilities and Net Assets / Fund Balance$6,215,625$6,054,774▼ $160,851

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,482,138$815,564-
Equipment$33,168$118,039-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff LloydPresident
Angela LuskDirector
Jeff ByrdDirector
Jj OznickDirector
Kevin CaddellDirector
Misty HeiskellDirector
Ronnie GordonDirector
Scot VincentDirector
Terrel JonesDirector
Wes RitcheyDirector
Beth MooreSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$33,745
Program Service Revenue
$11,621
Investment Income
$5,831
Other Revenue
$1,000
All Other Contributions
$33,685
Change in Net Assets
$-210,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,243
Grants and Similar Amounts Paid$40,128
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$184,700$20,522-$205,222
Grants to Domestic Orgs$40,128--$40,128
Other Expenses$6,783--$6,783
Insurance-$1,579-$1,579
Advertising$828--$828
Fees for Services Accounting$319$106-$425
Travel$5--$5
Total Functional Expenses$240,164$22,207$0$262,371
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Frank Phillips CollegeBorger, TX-Grant to Fund Scholarships for Attendance of the Education Courses Provided by Fpc for the Enhancement of the Community.$26,961
Dalhart IsdDalhart, TX-Grants to Fund Scholarships for Attendance of the Education Courses Provided by Fpc Including Dual Credit Courses for the Enhancement of the Community.$13,167
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Tax returned is reviewed for accuracy by officers of the organization before filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Dalhart Education Foundation Inc
EIN
20-8087740
Phone
8062494526
Address
302 DENROCK AVE, DALHART, TX 79022

Signing Officer

Name
Jeff Lloyd
Title
President
Phone
8062444526
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Lloyd
Formed
2007
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Gaskill Pharis & Pharis Llp
Address
521 DENVER AVE, DALHART, TX 79022
Preparer
Lauren Crews
Phone
8062445533
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE EDUCATIONAL OPPORTUNITIES FOR RESIDENTS OF THE COMMUNITY IN THE FORM OF GRANTS AND SCHOLARSHIPS TO FRANK PHILLIPS COLLEGE DALHART ANNEX FOR DUAL CREDIT COURSES AND HIGHER EDUCATION FOR THE ENHANCEMENT OF THE COMMUNITY.
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06215625
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06005451
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0147593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0116712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0385493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016269
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt053888
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt011621
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09825
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013855
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07330
IRS990ScheduleA/OtherIncome170Grp/TotalAmt042631
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.58720
IRS990ScheduleA/PublicSupportPY170Pct00.37760
IRS990ScheduleA/PublicSupportTotal170Amt0283045
IRS990ScheduleA/SubstantialContributorsTotAmt0102448
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt019960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0147593
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0116712
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0385493
IRS990ScheduleA/TotalSupportAmt0482012
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05482138
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0815564
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt06297702
IRS990ScheduleD/EquipmentGrp/BookValueAmt033168
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118039
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0151207
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05515306
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt013167
IRS990ScheduleI/RecipientTable/CashGrantAmt126961
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANTS TO FUND SCHOLARSHIPS FOR ATTENDANCE OF THE EDUCATION COURSES PROVIDED BY FPC INCLUDING DUAL CREDIT COURSES FOR THE ENHANCEMENT OF THE COMMUNITY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GRANT TO FUND SCHOLARSHIPS FOR ATTENDANCE OF THE EDUCATION COURSES PROVIDED BY FPC FOR THE ENHANCEMENT OF THE COMMUNITY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DALHART ISD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FRANK PHILLIPS COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0756001245
IRS990ScheduleI/RecipientTable/RecipientEIN1756001630
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0701 EAST 10TH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11301 W ROOSEVELT / PO BOX 5118
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DALHART
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BORGER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090222
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179007
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURNED IS REVIEWED FOR ACCURACY BY OFFICERS OF THE ORGANIZATION BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06215625
IRS990/TotalAssetsEOYAmt06054774
IRS990/TotalAssetsGrp/BOYAmt06215625
IRS990/TotalAssetsGrp/EOYAmt06054774
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt033745
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022207
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240164
IRS990/TotalFunctionalExpensesGrp/TotalAmt0262371
IRS990/TotalGrossUBIAmt05831
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt049323
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt049323
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06215625
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06005451
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0240164
IRS990/TotalProgramServiceRevenueAmt011621
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012621
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt052197
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05831
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06215625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06054774
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05
IRS990/TravelGrp/TotalAmt05
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0302 DENROCK AVE
IRS990/USAddress/CityNm0DALHART
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079022
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.DALHARTEDUCATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF LLOYD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08062444526
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DALHART EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DALH
ReturnHeader/Filer/EIN0208087740
ReturnHeader/Filer/PhoneNum08062494526
ReturnHeader/Filer/USAddress/AddressLine1Txt0302 DENROCK AVE
ReturnHeader/Filer/USAddress/CityNm0DALHART
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079022
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751848063
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GASKILL PHARIS & PHARIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0521 DENVER AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALHART
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079022
ReturnHeader/PreparerPersonGrp/PhoneNum08062445533
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN CREWS
ReturnHeader/ReturnTs02025-11-17T16:48:16-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.05$0.05$6.01$0.05$0.26$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$0.02$6.45$0.04$0.28$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.77$0.01$6.76$0.24$0.29$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.82$0.02$6.80$0.13$0.27$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.97$0.03$6.94$0.69$0.17$0.53
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.44$0.04$6.41$3.82$0.33$3.49
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.02$2.92$1.63$0.05$1.59
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.04$1.33$1.37$0.06$1.31
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.04$0.01$0.04$0.05$0.01
2014Summary only. Only limited summary data is available for this year.$0.06$0.04$0.04$0.07$0.02
2013Summary only. Only limited summary data is available for this year.$0.06$0.01$0.07$0.06$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.26$0.03$0.06$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.26$0.08$0.17$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.01$0.35$0.17$0.13$0.05